Los Angeles, CA 90003 139 W Florence Avenue

139 W Florence Avenue Los Angeles, CA - Image 1139 W Florence Avenue Los Angeles, CA - Image 2139 W Florence Avenue Los Angeles, CA - Image 3
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139 W Florence Avenue Los Angeles, CA - Image 4139 W Florence Avenue Los Angeles, CA - Image 5139 W Florence Avenue Los Angeles, CA - Image 6
Presented By: Casey Lins with Kidder Mathews of California, Inc.;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25529177
  • 04/23/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 8
  • Baths • 4
  • SQFT • 2,552

Home Details

We are pleased to present 139 W Florence Ave a well-located 4-unit multifamily property in the heart of Los Angeles, with 1 unit delivered VACANT at closing! Positioned just east of the 110 Freeway, this property offers excellent access to major Los Angeles destinations, including LAX, SoFi Stadium, Downtown LA, the LA Convention Center, and the USC Coliseum. The offering includes RTI (Ready-to-Issue) plans for a 2-bedroom ADU, giving the next owner a clear path to add value and increase rental income potential. The property features two duplexes totaling approximately 2,552 rentable square feet, originally built in 1936, and situated on a 4,960 square foot LAC2-zoned lot with alley access. The unit mix consists of four (4) two-bedroom, one-bath units, with 1 unit delivered VACANT making it ideal for an owner-user or to lease at market rent. Offered at an attractive price of $895,000, this is a fantastic opportunity for investors or owner-occupants looking to live in one unit while generating income from the other three to help offset mortgage and expenses. Contact the listing broker for additional details.
Presented By: Casey Lins with Kidder Mathews of California, Inc.;

Interior Features for 139 W Florence Avenue

Bedrooms

Total Bedrooms8

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths4

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories1

General for 139 W Florence Avenue

Additional Parcels Y/NNo
Attached Garage No
Carport Y/NYes
CityLos Angeles
CountyLos Angeles
DirectionsGoogle Maps: 139 W Florence Ave, Los Angeles, CA 90003
Full Baths
Garage Y/NNo
Gross Income96846.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet4960.0
Lot Size UnitsSquareFeet
MLS AreaC42 - Downtown L.A.
MobileHomeRemainsYNNo
Net Operating Income72359.0
New ConstructionNo
Number Of Units Total4
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Year Built1936
Year Built SourceAssessor
ZoningLAC2

Exterior for 139 W Florence Avenue

Building Area Total2552.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1139
Lot Size Area4960.0
Lot Size SourceAssessor
Number of Buildings2
Parking FeaturesCarport
Private PoolNo
SpaNo
Total Parking4.0
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $895,000
MLS#25529177
List Date 04/23/2025
Property Type Multi-Family
Phone 714.742.6515
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